In case you haven’t noticed, the economy has gone to hell. It’s been up and down like a yo-yo for the last decade, a fact that led Time to declare the first decade of the new century “the decade from hell” in a recent cover story. If you work in …
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Implementing an Agile Talent Management Strategy: The Perfect Model for a Crazy Economy (Part 2 of 2)
Last week I introduced this series by talking about how general business changes have rendered what many might consider traditional strategy development in talent management more of a hindrance to organizations than a benefit. I did not say that strategy is not important, or that delivering a strategic impact is …
Read More »Emerging Talent Acquisition Trends for 2010: Are You Ready For a Roller Coaster? (Part I of III)
Top 2010 Recruiting Highlights A year from now, if you were to look back and analyze the headlines of recruiting articles, blogs, and consulting guidance, I predict the following topics will dominate the content collective: Churn: Just as seen in 2009, 2010 will be a year in which organizations both …
Read More »Corporate Recruiting: Action Steps During a Recession
Anyone who has worked in corporate recruiting for any period realizes they work in a profession that has dramatic up-and-down cycles. Unfortunately, the down cycles following rapid growth tend to be the harshest. Who can forget the literal “implosion” of world-class recruiting functions like those at Cisco, Nortel, and Trilogy …
Read More »Cost of Vacancy Formulas for Recruiting and Retention Managers
Calculating the cost of a vacancy (COV) is a critical activity, one that’s necessary to determine the actual business impact of talent shortages that result from a gap between the time talent is needed and the time required by the recruiting function to supply such talent. As a metric, it …
Read More »The Right Way To Measure Turnover
When the economy turns around next year, retention will almost instantly go from being a non-issue to a major issue. But because most HR departments currently miss the boat when it comes to measuring and reporting turnover, they are likely to compound the increased turnover problem by underreporting turnover and …
Read More »Put the Right People in the Right Jobs
People who really know recruiting also know that the best way to understand the overall recruiting process is to visualize it as a subset of the common business practices of supply chain management, Six-Sigma quality and customer relationship management (CRM). Recruiting cannot reach its optimal impact, nor can it help …
Read More »Increasing Retention And Productivity: Let Employees Do What They Do Best!
If you ask average employees what percentage of their time they spend “doing what they do best,” most answer a disheartening 30%. If this was baseball, and you had your pitcher playing first base two-thirds of the time, everyone would think you were crazy. Well in business, it’s no different. …
Read More »Tell Them Where They Will Be In 2 Years (With a “Where You’ll Be” Profile)
One of the primary questions in the minds of candidates is “Where will I be two years from now?” Unfortunately, most recruiters and managers respond to that question with meaningless generalities like, “You’ll have lots of opportunities.” In fact, what candidates actually want is a realistic preview of where they …
Read More »Retention Is Like a Box of Chocolates
A lot of professionals are missing the boat when they look at retention as a single issue.
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